CURRENCY NOTES

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In a major security breach that could embarrass the previous Congress-United Progressive Alliance government, an internal enquiry report has revealed that certain security features were allegedly compromised during the printing of Indian currency, and the lapses were kept under wraps by senior officials working under Ministry of Finance. The incident...

Mumbai: After a gap of about two decades, the RBI will again put in circulation rupee one notes soon. Printing of one rupee note was discontinued about 20 years ago.
"These currency notes are legal tender as provided in the Coinage Act 2011. The existing currency notes in this denomination...

Chennai: A 24yearold man from West Bengalhas been arrested for alleged possession of fake Indian currency notes with a total face value of Rs 88,000, police said on Saturday. Partha Pathru was arrested on Friday when he tried to buy a pack of cigarettes, trying to exchange a Rs 1,000...

Country's largest private sector bank ICICI Bank has lodged an FIR alleging fake currency notes with a face value Rs 10 crore were deposited in its different branches in the past several years.
Regional Head of ICICI Bank Manish Pandey lodged an FIR at Hazratganj police station alleging that fake currency...

Two people were arrested on Sunday with fake currency notes of face value Rs.3.98 lakh in Bihar's Muzaffarpur district, police said.
They were arrested by the Directorate of Revenue Intelligence (DRI) at Maithi when they were on their way to deliver the counterfeit notes at Bettiah, the district headquarters of West...

Mumbai: A special National Investigation Agency (NIA) court on Thursday will pronounce the quantum of sentence in the 2009 fake currency case.
Six persons were convicted on Wednesday for possessing and circulating fake Indian Currency notes in May 2009.
They have been convicted under Section 16 and 18 of Unlawful...

New Delhi: A special National Investigation Agency court on Wednesday convicted all six people in a case of circulating fake Indian currency notes.
They have been convicted under Section 16 and 18 of Unlawful Activities (Prevention) Act and Section 489 of IPC. The quantum of sentence will be pronounced on Thursday.
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The Reserve Bank on Wednesday decided to withdraw all currency notes issued prior to 2005, including Rs 500 and Rs 1,000 denominations, after March 31 in a move apparently aimed at curbing black money and fake currencies.
"After March 31, 2014, it (RBI) will completely withdraw from circulation all bank notes...

Jabalpur: Authorities have sought explanation from the former Madhya Pradesh minister and BJP leader Anchal Sonkar for allegedly tossing currency notes in the air and violating the Model of Code of Conduct at a programme in Jabalpur.
Assembly polls would be held in the state next month. Video footage...

Jaipur: Rajasthan police has seized fake Indian currency notes with face value of nearly Rs two lakh and arrested an alleged smuggler in West Bengal when he was boarding a train to this state, officials said on Monday.
Mubin (28) was arrested from Malda district of West Bengal on Sunday and...

Abdul Karim Tunda, one of India's most wanted terrorists who has been arrested, has told his interrogators he was in constant touch with Pakistan's ISI and worked closely with it and also met leaders of several anti India outfits during his stay in that country.
A top Delhi police official while...

New Delhi: A Finance Ministry report has come out with shocking details about terror funding just a few days after the Hyderabad bomb blasts. According to the report terror funding has gone up by 300 per cent in the last one year while cases of hawala transaction and fake currency...

Bangalore: The police in Karantaka's mining hub of Bellary have found crores of crushed currency notes in a plywood factory.
The currency was stored in 300 bags. The factory owner claims that he brought this consignment from Indore for making plywood a few months back and had no clue about...

New Delhi: A few days after news came in of the arrest of Iqbal Mirchi, Dawood Ibrahim's right-hand man in London, a CNN-IBN's exclusive report has exposed the latest modus operandi and routes to push fake currency to India.
A detailed intelligence report shows how Hyderabad is emerging as the latest...